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3911 Sauk Trail, Richton Park, IL 60471
$400,000
3911 Sauk Trail, Richton Park, IL 60471View this property at 3911 Sauk Trail, Richton Park, IL 60471
3911 Sauk TrailRichton ParkIL60471
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Property Description
Clean 8,500 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building is 85% leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow once 100% leased. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. The building next door is also for sale 3913 and could be combined for a package deal. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation.
Full Property Details
Full Property Details for 3911 Sauk Trail
General
- Price: $400,000
- Taxes: $123,594 (2022)
- Status: Active
- Type: Retail
- MLS ID: 11934316
- Updated: 4/22/2024
- Added to Site: 150 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Richton Park
- County: Cook
- Driving Directions: TAKE SAUK TRAIL TO RICHTON ROAD AND TURN SOUTH INTO PARKING LOT
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 8,456
- Current Bldg. Use: Commercial
- Year Built: 1990
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 29,208
- Lot Dimensions: 187' x 182' x 114' x 192'
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $1,800
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1990
- Tax Amount: $123,594
- Tax Year: 2022
- Pays Electric: 700
Disclosures and Reports
- Property ID: 31351000070000
Listed by Xr Realty
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Schools
Schools serving 3911 Sauk Trail
School Districts:Matteson Esd 162, Rich Township High School District 227
Rating | Name | Grades | Distance |
---|---|---|---|
Richton Square School
22700 Richton Square Rd, Richton Park, IL 60471 | PK-K | 0.5 mi | |
4435 S Churchill Dr, Richton Park, IL 60471 | 4-6 | 0.7 mi | |
21245 Main St, Matteson, IL 60443 | K-3 | 1.4 mi | |
3718 213th Pl, Matteson, IL 60443 | 7-8 | 1.3 mi | |
3600 W 203rd St, Olympia Flds, IL 60461 | 9-12 | 2.7 mi | |
210 Illinois St Ste 1, Park Forest, IL 60466 | K-8 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3911 Sauk Trail
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$400,000
-5.88%
MLS
3/25/2024
Price Reduced
$425,000
-5.56%
MLS
2/06/2024
Price Reduced
$450,000
-10%
MLS
11/30/2023
Listed
$500,000
852.38%
MLS
10/29/2010
Sold
$52,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3911 Sauk Trail
Year
Property Taxes
Change
Tax Assessment
Change
2022
$123,594
6%
$216,653
6%
2021
$116,292
14%
$205,112
6%
2020
$101,888
-6%
$192,972
-7%
2019
$108,916
45%
$206,782
45%
2018
$75,247
—
$142,929
-3%
2017
$74,925
13%
$147,186
13%
2016
$66,014
-28%
$129,685
-29%
2015
$91,435
36%
$181,823
34%
2014
$67,225
113%
$135,997
94%
2013
$31,527
52%
$70,109
44%
2012
$20,788
—
$48,701
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3911 Sauk Trail
3911 Sauk Trail, Richton Park, IL 60471 (MLS# 11934316) is a Retail property. 3911 Sauk Trail is currently listed for $400,000 and was received on November 30, 2023. Want to learn more about 3911 Sauk Trail? Do you have questions about finding other Retail real estate for sale in Richton Park? You can browse all Richton Park real estate or contact a Coldwell Banker agent to request more information.